All posts by bizeditors

BUSINESS STRATEGY QUESTIONS SET #007

The four questions to ask before you get ready to scale-up!

  1. Are you attracting and retaining the right people?
  2. Do you have a distinct sustainable strategy?
  3. Are all processes running smoothly and driving superior profitability?
  4. Are you managing your cash flow effectively?

Answering these questions can prepare you to scale-up fast.

Read more at Book Summary – Scaling Up: How a Few Companies Make It…and Why the Rest Don’t.

BUSINESS STRATEGY QUESTIONS SET #006

Where and how does one begin the innovation process? Autodesk’s Innovation Strategist, Bill O’Connor, offers 7 questions:

  1. What could we look at in a new way?
  2. What could we use in a new way, or for the first time?
  3. What could we move, changing its position in space or time?
  4. What could we interconnect, for the first time or in a new way?
  5. What could we alter, in terms of design and performance?
  6. What can we make that is truly new?
  7. What can we imagine that would create a great experience for someone?

Source: https://labs.blogs.com/its_alive_in_the_lab/2016/08/the-autodesk-innovation-genome-is-part-of-a-process.html

BUSINESS STRATEGY QUESTIONS SET #005

How to create an integrated view of strategy? According to Kevin J. Boudreau, the most essential questions to address are:

  1. What Value Are You Intending to Create, and for Whom?
  2. How Do You Plan to Deliver That Value?
  3. What Is Your Competitive Advantage — Your Sources of Uniqueness?

Read more at

(1) https://hbr.org/2017/10/a-short-guide-to-strategy-for-entrepreneurs

(2) Designing Your Company: Creating, Delivering, and Capturing Value, Harvard Business School Strategy Unit Working Paper No. 16-131

BUSINESS STRATEGY QUESTIONS SET #003

What do you do better than others?

Is your entire organization aligned to do everything with this thinking?

If yes, then you are a “coherent” company. Paul Leinwand and Cesare Mainardi suggest taking a “Coherence Test” as illustrated in the image below.

Based on this, Paul Leinwand and Matthias Bäumler have listed the following 8 tough strategy questions.

References: (1) https://hbr.org/2017/11/8-tough-questions-to-ask-about-your-companys-strategy (2) https://hbr.org/2010/06/the-coherence-premium

BUSINESS STRATEGY QUESTIONS SET #002

How effectively are you implementing your business strategy?

The seven questions designed by Harvard professor Robert Simons could help answer that question:

1 – Who is your primary customer?
2 – How do you prioritize the needs of shareholders, employees, and customers with your core values?
3 – What critical performance variables are you tracking?
4 – What strategic boundaries have you set?
5 – How are you generating creative tension?
6 – How committed are your employees to helping each other?
7 – What strategic uncertainties keep you awake at night?

See more details at http://www.free-management-ebooks.com/news/simons-seven-strategy-questions/

Shweta Luthra Diaries: Energy Spaces

About the Author: Shweta Luthra is visionary designer who comes with over a decade of industry experience under her belt, having done her Masters in Housing from the reputed School of Planning & Architecture back in the year 2002.

Not just reading books and articles,  she travels around the world in order to stay in line with international trends and practices. She understands that first and foremost,  detailed client interaction is a priority so that hi-end designs can take shape with precision and accuracy.

Under the tutelage of Marc, a highly successful interior design personnel from London, Shweta was introduced to a new dimension of  Creating Energy Spaces a few years ago. Home is an extension of ourselves; ergo, by enhancing its energy in multiple shapes and forms,  we can transform our inner capabilities slowly but surely.

Since childhood, multiple times I have heard that we are energy, everything around us is energy. Even all spiritual practitioners & healers talk about energy. I do believe in it but honestly have never given a deeper thought to it.

Luckily, last year in 2017, I got introduced to the concept of energy spaces by my coach, Marc an eminent interior designer from London.  He is a ‘Shaman’ who is actively practicing & teaching about ‘Sacred Spaces’ & how they can transform our lives.

What I learnt from here is the fact that everything on this earth including us is a form of energy. We can raise the energy of our home spaces where we spend most of our time, which will enhance our energy & capabilities too.

I learnt about ‘power spots’ which are the crossing points where earth’s electromagnetic lines from North pole & South pole meet. These are the points of very high-energy frequency & most of our ancient sacred temples/cathedrals were built on it. The purpose was that people who visited these temples found that their energy capabilities were raised & inner transformation happened for them. Few examples to quote are the oldest recorded temple of Tiwanaku, Stonehenge in Britain and Pyramids of Giza.

It was amazing to know that our ancestors were so conscious & ahead of times, for sure more closer to the energy of the source. This
learning reminded me of ‘Dhyanlinga’ built by Sadhguru of Isha Foundation with a deeper knowledge & mastery over the inner energies. I happen to visit ‘Dhyanlinga’ few years back when I joined ‘Isha Foundation’. Sadhguru refers to these temples as consecrated spaces & public charging sites.

So, the question is how these high energy, sacred plates are related to our homes.

The answer is very simple:-

Likewise we can built power spots of higher energy in our homes which are representation of us. Since, we are also energy, oscillating all  the time, when we are connected to higher frequency spaces; our energy will be enhanced too. We will not be stuck & inner
transformation will happen which will bring lasting changes for us.

Source: https://www.bellacasaindia.com/2018/07/20/energy-spaces/

Fashion Does Design – Milan Diaries by Shweta Luthra, Bella Casa

About the author Shweta Luthra: A brainchild of Shweta Luthra, Bella Casa is a byproduct of our do-it-all visionary designer who comes with over a decade of industry experience under her belt, having done her Masters in Housing from the reputed School of Planning & Architecture back in the year 2002. Not just reading books and articles, she travels around the world in order to stay in line with international trends and practices. She understands that first and foremost, detailed client interaction is a priority so that hi-end designs can take shape with precision and accuracy.

Every year Milan play host to the most high profile interiors in the world. Milan Design week which is in the month of April takes over the entire city. High-end Fashion Designers, Bottega Veneta, Louis Vuitton, Hermes, Armani, Fendi & many more fashion icons showcase their products & brands, merging the lines between Fashion & Homes.

This year, April 2018, I got lucky to be there with my Mentor, Marc, an Eminent Interior Designer from London. Sharing a few excerpts from experience I had while exploring beautiful designs of my favorite designers.

Bottega Veneta

Headed by the creative director Tomas Maier, Bottega Veneta’s ground floor boutique in Milan is located in high ceilinged, beautifully be frescoed 18th century Palazzo Gallarati Scotti.

This year they launched its first modular seating system Bottega Veneta Tre. It’s modern in design & function, has a corner section, single seat section & pouf configured to suit one’s need, but it is also modern in design, applying the house’s instantly recognizable interlocking intrecciato design to the sides of its sleek,squared-off, Space Age sections.

A particular highlight of the new collection is in the lighting category: three bronze styles created in collaboration with Osanna Visconti di Modrone. They are made with a lost-wax technique to echo the intrecciato weave. This marks the second collaboration between Maier & Visconti di Modrone, following the set of Bronze tables presented in 2016.

The presentation featured new styles, functions, materials, and colors for both furniture and home accessories. The seating collection has been expanded with both new families and variations of existing ones, featuring unusual details, as well as new colors and materials.

Louis Vuitton

Louis Vuitton showcased its objets Nomades collection at Palazzo Bocconi in Milan, last April 2018.

Hop over to original blog post by Shweta Luthra to checkout few collections showcased by some of the world’s most renowned designers like Humberto & Fernando, Campana, Marcel Wanders, Atelier Oi, Patricia Urquiola and Andre fu.

Shweta’s latest passion is “Sacred Energy Spaces”. Under the tutelage of Marc, a highly successful interior designer from London, Shweta was introduced to a new dimension of Creating Energy Spaces a few years ago. Home is an extension of ourselves; ergo, by enhancing its energy in multiple shapes and forms, we can transform our inner capabilities slowly but surely.

She can be reached at shweta@bellacasaindia.com.

Bitcoin and ICO Mania: How to decipher it

ICO (Initial coin offerings) wave has truly caught up in 2017 — more than $1.7 billion in cryptocurrency has been raised through ICOs so far in 2017.

If you have not heard about the term let me give a simple primer. ICO is essentially an unregulated way to bypass the standard fund raising procedure used by some of the cryptocurrency startups. Coin essentially then becomes a vehicle to own some kind of stake in the venture. Coins were essentially designed to be an integral part of the product or protocol offering, but have been abused by many startups to raise quick money.

As an entrepreneur or businessman should I be investing in the Crypto wave?

Cryptocurrencies or the crypto wave has taken the world by storm. There has been a slew of ICOs (Initial coin offerings) accompanied by astronomical increase in prices of Bitcoin, Ethereum, Ripple and other cryptocurrencies. It seems like we are creating a new world everything built on top of a blockchain.

Prices of Bitcoin has risen from 0.008 Dollars in 2010 to more than $7000 dollars today. In fact some of the Indian exchanges now quote prices in Satoshi where one Bitcoin = 10^8 Satoshis. You can track Satoshi to INR price 

So as a businessman and an entrepreneur if you are sitting on the side-line and wondering if there is a revolution happening or it is all just one big bubble please keep reading in on. In this post I am outlining a few key indicators you can use to assess an ICO or for that matter any crypto asset.

Team (Founders and early developers)

For any Open Source crypto project expertise of the team is most critical. So if you are looking for investing in ICO the first thing is to look at the team. Check their expertise. Go beyond LinkedIn profile, look at their publications and other credentials. Look at their code contributions in the past and the peer review of the protocol they are proposing. Check up the advisory board and early backers of the ICO.

Utility of the Coin (token) to the Product or Protocol

Whenever a new Initial Coin offering is announced first thing that you should look up is does the proposed product or protocol require coin (token) sale or not. If coin (token) is not native or intrinsic to the new product or protocol proposed then it is not a great sign. Ideally such products/ offerings should to go through normal venture capital route to raise funds. ICO in such cases is nothing but a shortcut to raise quick money. If you look up any of the successful Altcoins in the market like Siacoin or Filecoin , they are intrinsic to the protocol they are enabling .

Review code or at least check reviews of code from experts 

For any new protocol ultimately what matters is great code backing it up. While all of us are not experts at reviewing codes, what we can definitely do is check what other experts are talking about the code. Please go to relevant forums like bitcoin talk threads to look up what other people are saying about the code / scalability and security issues. Read up their whitepaper or look for a review / feedback on the whitepaper.

Are developers enthused by the protocol/ICO?

For any protocol to develop and flourish, early adopters are the key. And in most cases, early adopters can be developers or other folks on the online communities. So do look out for developer interest – are lot of developers enthused by the project are they contributing to the project?

Early Backers 

Quality of early backers can also help you understand the quality of ICO. For e.g. Blockstack whose ICO is open now is backed by YCombinator, Naval Ravikant and a bunch of really smart people in the valley. This can be a good way to look at the quality of ICO.

Transparency of the core team

For any open source project to succeed, a key factor is how transparent and forthcoming the team is. Are they open to hard questions? Do they communicate openly with the community and other stakeholders? Do they publicly share progress? Are they open to be grilled on choices they are making?

Block chain and distributed systems present tremendous opportunities to build a new kind of technological landscape. But as it is with every boom there are too many fakes around. For every bitcoin or ethereum, there will be a bunch of worthless tokens. So before you jump in, do your research and you can use some of the suggestions we discussed in this post.

About me: I am Sarabdeep Co-founder of Sipacoin.com – a service which helps you set up price alerts for your favourite cryptocurrency.